Donald Trump has expressed various reservations regarding cryptocurrencies throughout his political career. In 2019, while he was still the president of the United States, he publicly stated that he was not a fan of Bitcoin and other cryptos, arguing that these assets were not money and that their value was highly volatile, based on nothing. Furthermore, Trump criticized the potential use of cryptocurrencies for illegal activities, such as money laundering. He also expressed concern about the impact that cryptos could have on the dominance of the dollar as a global currency. After leaving the presidency, his opinions remained negative, labeling Bitcoin as a "fraud" that threatened the stability of the U.S. financial system. This stance reflects skepticism regarding the decentralization promoted by cryptocurrencies, prioritizing the security and regulatory control of the American government over the financial system.
